Lease Agreements Vic

An assignment is made when the tenant transfers to a third party all remaining rights in a rental agreement for the duration of the lease. If a tenant is the owner and the lessor accepts the assignment, that tenant no longer has any rights to the property or obligations to the lessor. In case of subletting, the tenant can transfer part of the rental space to a third party (for example. B a room in a house) or part of the lease (e.g.B. for 5 of the remaining 6 months of the lease). The original tenant retains all rights in the lease that he or she has that have not been transferred to the third party and also retains most of his or her obligations under the lease agreement. . . .